Are you tired of paying annual fees for your credit cards? Well, you don’t have to anymore. In this article, we will discuss the best lifetime free credit cards in India that you can use without having to pay any annual fees.
Introduction
Credit cards have become a necessity in our lives. They provide us with the convenience of making cashless transactions, earning rewards, and availing of discounts and offers. However, many credit cards come with annual fees that can be a burden on our finances. This is where lifetime free credit cards come in. These cards waive off the annual fees for the lifetime of the card, making them a great option for those who want to save money.
Benefits of Lifetime Free Credit Cards
Before we dive into the best lifetime free credit cards in India, let’s take a look at some of the benefits of using these cards:
No annual fees: As mentioned earlier, lifetime free credit cards do not charge any annual fees, making them a cost-effective option.
Easy eligibility: Lifetime free credit cards usually have lower eligibility criteria, making them accessible to a wider audience.
Rewards and offers: These credit cards offer rewards points and discounts on various categories like dining, shopping, travel, and more.
Build credit score: Regular use and timely payment of dues on a credit card can help you build a good credit score, which can be useful in the future when you apply for loans.
Top Lifetime Free Credit Cards in India
There are several credit cards available in India that offer lifetime free benefits to their users. Here are some of the top lifetime free credit cards in India:
Standard Chartered Platinum Rewards Card: This credit card offers lifetime free benefits to its users, along with reward points on all transactions. Cardholders can earn up to 5 reward points for every Rs. 150 spent using the card.
| Best Suited For | Rewards on Fuel & Dining |
| Annual Fee | Rs. 250 |
| Minimum Income Required | Rs. 20,000 per month |
| Welcome Benefit | Cashback on Restaurant spends within first 90 days (up to Rs. 500) |
| Best Feature | 5x Reward Points on every Rs. 150 spent on fine-dining and fuel |
HDFC Bank Moneyback Credit Card: The HDFC Bank Moneyback Credit Card is another popular lifetime free credit card in India. Cardholders can earn cashback on their transactions, along with reward points.
| Best Suited for | Rewards & Cashback |
| Joining Fee | Rs. 500 |
| Renewal Fee | Rs. 500 |
| Minimum Income Requirement | Salaried: Rs. 25,000 p.m.Self-employed: ITR> Rs. 6 lakh p.a. |
| Best Feature | 4 reward points on every Rs. 150 spent online |
ICICI Bank Platinum Chip Credit Card: The ICICI Bank Platinum Chip Credit Card is another good option for those looking for a lifetime free credit card in India. Cardholders can earn reward points on all transactions, along with discounts and offers on select merchants.
| Best Suited For | Beginners |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Best Feature | 2 reward points per Rs. 100 spent on retail purchases |
SBI SimplyCLICK Credit Card: The SBI SimplyCLICK Credit Card is a great option for those who shop online frequently. Cardholders can earn reward points on their online transactions, along with discounts and offers on select merchants.
- A shopping credit card with exclusive benefits on online shopping
- Ten times more reward points on online spends at partner websites
- Five times more reward points on all online spends
- Milestone rewards
- Annual fee waiver
Axis Bank My Zone Credit Card: The Axis Bank My Zone Credit Card is another lifetime free credit card in India that offers benefits such as cashback on select transactions, along with reward points on all transactions.
| Best Suited for | Shopping and Entertainment |
| Joining Fee | Nil* |
| Annual Fee | Nil* |
| Welcome Benefits | Complimentary SonyLiv annual membership |
| Best Feature | 4 EDGE reward points on every Rs. 200 spent |
Overall, there are several lifetime free credit cards available in India that offer various benefits to their users. It is important to compare the features and benefits of each card before selecting one that best fits your needs.